Microsoft’s Rejection Fuels Bitcoin Surge: 303% Returns in Months

Microsoft’s rejection of a proposal to adopt Bitcoin as treasury assets led by Michael Saylor, CEO of MicroStrategy, spurred significant gains for investors. This decision sparked a notable price surge in Bitcoin, reaching $105,400 within months. The rejection highlights institutional hesitance surrounding cryptocurrencies while demonstrating the potential of Bitcoin even amidst resistance from financial giants like Microsoft.